As Lyondell Chemical Co contends with a lawsuit brought by a creditors committee, it has sought a six-week extension of its bankruptcy loan until Jan 31. The lawsuit seeks to recover as much as US$22 bln from the banks, advisers and executives who arranged the 2007 leveraged buyout of the company by Basell.
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Friday, August 07, 2009
Lyondell seeks a 6 week extension of its bankruptcy loan
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